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7 High-Quality Stocks That Have Plunged To 52-Week Lows

On Wednesday, Indian shares were barely moving as investors prepared for a significant rate hike from the U.S. Federal Reserve and signs of further increases. The S&P BSE Sensex was down 100 points at 59,600 levels while the Nifty50 was trading below 17,800 levels.

Nevertheless, broader markets lagged benchmark indices as the Nifty MidCap 100 and Nifty SmallCap 100 both had 0.3% declines.

All markets were highly erratic, swinging back and forth between gains and losses. Here are the 7 stocks that hit 52 week low on 21 September 2022 and are currently trading near 52 week low.

Amrutanjan Health Care Ltd.

Amrutanjan Health Care Ltd.

Amrutanjan Health Care Ltd. is a small cap (having a market cap of Rs 2,130.04 crore) healthcare sector company, started in the year 1893 by the social reformer, journalist and freedom fighter, Nageswara Rao Pantulu Garu. It enhances the living standards of customers through innovative products.  With a wide range of ayurvedic and allopathic products, Amrutanjan has helped millions of people relieve themselves from the pain and discomfort of muscular pains, colds, sprains, headaches, and rheumatic pains.

Stock Outlook & Returns

The current market price of the Amrutanjan Stock is Rs 722.75 apiece, trading near the 52-week low. The 52 week low of the stock is Rs 718.70 apiece. The stock's 52-week high is Rs 1,024.55 apiece. It has given a negative return of 14.99% in the past 1 year. Whereas, in the past 3 and 5 years, it gave 129.97% and 137.78% multibagger returns. 

Matrimony.com Ltd.
 

Matrimony.com Ltd.

Matrimony.com Ltd. is India's first pure-play Consumer Internet Company to get listed on BSE and NSE. Its flagship brand BharatMatrimony is India's largest and Most Trusted Matrimony Brand (as per the Brand Trust Report 2014). Over 3000+ associates serve millions of active members. The company has a market capitalisation of over Rs. 2,300 crores. It is a signature consumer internet conglomerate managing marquee brands such as CommunityMatrimony, BharatMatrimony, and EliteMatrimony. 

Stock Outlook & Returns

The current market price of the stock is Rs 639.40 apiece, trading near the 52 week low of Rs 635 apiece. The 52 week high of the stock is Rs 1,085 apiece. It has given a negative return of 35.99% in the past 1 year. Whereas, in the past 3 years, it gave 16.78% positive return. In the past 5 years, it has given a negative return of 29.25%.
 

Kopran Ltd.

Kopran Ltd.

Kopran is the group company of Parijat Enterprises. Kopran is currently an integrated Pharmaceutical Company manufacturing a large range of products. It manufactures both Active Pharmaceutical Ingredients and Finished Dosage Forms.

Kopran's products are registered globally and its facilities match the best of international standards and are approved by various Regulatory authorities. Kopran is focused on improvement in technology and new products duly integrated through their sophisticated Research & Development department.

Stock Outlook & Returns

The current market price of the stock is Rs 167.95 apiece. The 52 week low of the stock is Rs 165.10 apiece, which the stock hit on 21 September 2022. The 52-week high level of the stock is Rs 370.45 apiece. 

The stock has given 22.63% negative return in the past 1 year. However, it has given a mulibagger return of 445.38% in the past 3 years and 122.41% positive return in the past 5 yeras. 

  Sportking India Ltd.

Sportking India Ltd.

Sportking India Ltd. was incorporated on 15 February 1989 by Raj Kumar Avasthi and his family members. It was engaged in the business of knitwear, hosiery, and readymade garments. Sportking India Limited manufactures and retails textile products. The Company offers yarns, knitted fabrics, and garments, such as T-shirts, shirts, sweaters, jackets, jeans, leggings, shorts, nightwear, and lingerie. Sportking India serves customers in India. It is a small-cap company having a market cap of Rs 1,134.53 crore.

Stock Outlook & Returns

The current market price of the stock is Rs 856 apiece on NSE. The 52 week low of the stock is Rs 850 apiece and the 52-week high is Rs 1,123.05 apiece, respectively. The stock is trading near the 52 week low. 

The stock has given a negative return of 8.27% in the past 1 year. However, in the past 3 years, it has given massive 756.45% returns. Whereas, in the past 5 years, it has given a whopping 15,531.53% positive returns.
 

Gland Pharma Ltd.

Gland Pharma Ltd.

Gland Pharma Ltd. was incorporated on March 20, 1978, is a large cap pharma sector company engaged in manufacturing injectable formulations. From 2014 to 2019, the company's revenue increased at one of the fastest rates among generic injectables-focused businesses in the US. The company has eight manufacturing facilities in India, including three API facilities, four final formulation facilities, and four facilities with a combined 23 production lines. At the end of March 2022, the company sold goods largely through a business-to-business (B2B) model in more than 60 nations, including the United States, Europe, Canada, Australia, India, and the rest of the world.

Stock Outlook & Returns

The current market price of the stock is Rs 2,157.95 apiece on NSE, trading near 52-week low. The 52 week low of the stock is Rs 2,128 apiece recorded on 21 September 2022. The 52-week high is Rs 4,072 apiece. The stock was listed on the exchange in November 2020. It has given 44.68% negative return in the past 1 year.

GRM Overseas Ltd.

GRM Overseas Ltd.

GRM Overseas Ltd. is a New Delhi-based Agro-processing sector company that engages in the production, purchase, export and sale of rice and paddy in India. The company also manufactures polythene. The company was established as a partnership firm in 1974. The company has its processing unit located at Panipat (Haryana) with the capacity to process almond kernels, cloves, paddy, rice, pasta, and wheat. It sells its products under the brand name Kamdhenu and Chef. Basmati rice is exported to Europe, Saudi Arabia and other countries. 

Stock Outlook & Returns

At the time of writing, the stock is trading at Rs 413.15 apiece. The 52 week low of the stock is Rs 392.10 apiece and the 52-week high is Rs 498 apiece, respectively. 

It has given 97.27% positive return in the past 1 month. Whereas, in the past 3 and 5 years, it gave multibagger returns of 3280.22% and 3139.96%, respectively. 

Xelpmoc Design & Tech Ltd.

Xelpmoc Design & Tech Ltd.

Xelpmoc Design and Tech Ltd. provide information technology services. The Company offers platform development, testing, deployment, maintenance, data science, and other related services. Xelpmoc Design and Tech serves clients in India. Entrepreneurs and start-up businesses as well as established businesses in e-commerce, transportation and logistics, recruiting, financial services, social networking, and several other industries are among the clients of the company. The company offers a wide range of services, including help with data science and analytics, the creation of mobile and web applications, prototype development, and thematic product development. The company expands the range of services and goods it offers as the needs of the customers change.

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Stock Outlook & Returns

The current market price of the stock is Rs 140 apiece on NSE. The 52 week low of the stock is Rs 135 apiece and the 52-week high is Rs 495 apiece, respectively. 

Over the past 1 year, it has given 63.31% negative return. Whereas, in the past 3 years, it gave 110.23% positive return.

Disclaimer

Disclaimer

The stock has been sourced from NSE. Greynium Information Technologies and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before making any investment decision.

 

Story first published: Wednesday, September 21, 2022, 15:29 [IST]

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